> This stuff is staggeringly, mind-wreckingly expensive for people who aren't in tech, and yet functionally required because of the structures we have allowed to be built.
Society has always worked this way. Those who have rare skills get paid the most. Supply and demand and what not. Universities are gateways to advanced skills, especially in traditional occupations where equipment is often expensive (medical, chemical, mechanical, etc). The reason you go to a university is so that you can get advanced skills in order to make an advanced salary. It makes no sense to go to a university by default and come out with a degree that doesn't teach you advanced skills that get you a high wage. If the jobs that your degree are going to get you aren't going to pay for what that degree cost you then you made a poor decision by taking on that debt.
This sort of thing is why I believe basic economics should be a hard requirement in high school. You shouldn't be able to get a high school diploma without understanding the mechanisms of debt/leverage. So many people have screwed themselves over because they don't understand that the only reason to ever take on debt is to use it as leverage so that you can earn even more than the debt you took on. Any other reason is foolish.
It's really sad when you think about it, so many people would be way better off if they knew the definition of leverage. Such a simple concept, yet so powerful (it's funny how knowing about leverage gives one so much leverage in life).
> The reason you go to a university is so that you can get advanced skills in order to make an advanced salary.
Most of your post is pretty good, but I laughed aloud at this, tbh. The reason you go to a university is because your resume gets thrown out for almost any desk job--hell, for Starbucks--if you don't have a bachelor's.
It is functionally necessary. These aren't "rare skills". These are employer-mandated minimums, and it leaves people with that inflated student debt, encouraged and pushed upon them by their parents and by the expectations of society, to subsidize those employers' demands.
> This stuff is staggeringly, mind-wreckingly expensive for people who aren't in tech, and yet functionally required because of the structures we have allowed to be built.
Society has always worked this way. Those who have rare skills get paid the most. Supply and demand and what not. Universities are gateways to advanced skills, especially in traditional occupations where equipment is often expensive (medical, chemical, mechanical, etc). The reason you go to a university is so that you can get advanced skills in order to make an advanced salary. It makes no sense to go to a university by default and come out with a degree that doesn't teach you advanced skills that get you a high wage. If the jobs that your degree are going to get you aren't going to pay for what that degree cost you then you made a poor decision by taking on that debt.
This sort of thing is why I believe basic economics should be a hard requirement in high school. You shouldn't be able to get a high school diploma without understanding the mechanisms of debt/leverage. So many people have screwed themselves over because they don't understand that the only reason to ever take on debt is to use it as leverage so that you can earn even more than the debt you took on. Any other reason is foolish.
It's really sad when you think about it, so many people would be way better off if they knew the definition of leverage. Such a simple concept, yet so powerful (it's funny how knowing about leverage gives one so much leverage in life).